Nifty trend
Nifty future trading just 10 points higher at 7830 from its friday closing . Despite major highs in US market last week . Nifty is just crawling in green . Today if index future click our intraday resistance at 7886 and manage to sustain above our resistance . Then expect market to support buyers upto 7920 – 7960 today .
If nifty future click our technical support at 7790 and manage to sustain below our support then expect market to support sellers upto 7750 – 7710 today .
Banknifty trend
Banknifty future performing better than main index . Its up 65 points from its friday closing . Currently trading at 17050 . A good support on chart stands at 16900 . if market manage to break this and sustain below this level then expect market to support sellers upto 16780 – 16660 today .
If banknifty future click our intraday resistance at 17210 and sustain above our index resistance then expect market to support bulls upto 17350 – 17490 today .
Nifty Banknifty trend conclusion : Trend is flat for now . Follow technical levels .
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